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What is the great recession?

Recession means: When the state of the economy declines; a widespread decline in the GDP and employment and trade lasting from six months to a year It's actually a fall in GDP for 2 or more quarters....


Was an effect of the Great Recession?

High unemployment was an effect of the Great Recession.


What is global recession?

Global recession is a period of economic slowdown. The Great Depression and Great Recession are two periods in time that experienced global recession.


How many people lost their jobs during the Great Recession?

About 10000000 its alot i knoe :(


What was the effect of the 1981-1982 recession?

High unemployment was an effect of the Great Recession.


How the recession last for?

Depends on how long were going to sit here and watch it happen and not do anything about it.


What were the top jobs during the great recession?

The service industry was healthy during the great recession. This included anything in hospitality and restaurants.


How long does the average recession last?

"If one looks at historical numbers of the past US recessions, the country faced a recession anywhere between 8-16 months. In 2000-01, it faced 8 months of recession, in 1990-91 about 8 months, and 1981-82 about 16 months. Historically, that is how long recession has lasted." "Some people in the US say it could last for 3-4 quarters...This recession is compared to that of 2000-01 and 1969-70" SOURCE: http://www.moneycontrol.com/india/news/market-outlook/us-recession-could-last-for-3-4-quarters/12/00/326369


What date did the great recession end?

NEVER.


What are the release dates for Code Monkeys - 2007 The Great Recession - 2.11?

Code Monkeys - 2007 The Great Recession - 2.11 was released on: USA: 3 August 2008


South Africa is currently in a recession. Motivate your answer?

South Africa is currently in a recession because of a great decline in demand for products and output of products due to a world market recession.


What event was a greater impact the great depression or the great recession?

The Great Depression had a more profound and lasting impact than the Great Recession. It resulted in widespread unemployment, significant economic contraction, and transformative changes in government policy and regulation, shaping the global economy for decades. While the Great Recession also caused severe economic distress and led to important reforms, its effects were less severe and shorter-lived compared to the Great Depression. Ultimately, the Great Depression reshaped societal structures and economic systems in a way that the Great Recession did not.